Tuesday, July 03, 2007

NetSuite files for IPO | CNET News.com

More NetSuite details -- no WSJ subscription required for this article. 

NetSuite, an on-demand applications company controlled by Oracle's Larry Ellison, has filed for an auction-style initial public offering, according to a Monday filing with the U.S. Securities and Exchange Commission.

The company, which hopes to raise $75 million based on its registration filing fee, is currently controlled by Tako Ventures, a wholly owned subsidiary of Lawrence Investments that is owned by Larry Ellison, Oracle founder and chief executive.

NetSuite files for IPO | CNET News.com

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